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The definitions contained herein are for general information only and are not
designed for use in connection with the interpretation of any insurance policy
or annuity policy issued through Insurance Answer Center.
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Auto Insurance Glossary Terms 4 A B C D E F G H I J K L M N O P Q R S T U V W Y |
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Profitability |
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This is the level of profit made by the insurance company. Profit has to be adequate so that a small adverse change in claims, for instance, will not result in losses that will negatively effect the solvency of the company. |
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| Answer Financial(R) Inc. offers insurance products and services through its licensed affiliates Insurance Answer Center(R) Inc. (California License No. 0B99714), Answer Center Insurance Agency, Inc., and other affiliates. Answer Financial is not an insurance company. Insurance plans and services are from insurance companies and other licensed insurance-related providers. Not all products available in all states. Rates subject to change. |
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